Bandages Market

Bandages Market - Size, Share, Outlook, and
Opportunity Analysis, 2019–2026
Bandage is a strip of woven material used to bind up the wound and protect the injured part
of the body. The main function of bandages is to provide support to the dressing placed on to
a particular part of the body to restrict the movement of that part which further leads to
reduction in pain or swelling. Bandages are available in a wide range of types, from generic
cloth strips to specialized shaped bandages, which are designed for a specific limb or part of
the body.
Browse Complete Report For More Information @ http://bit.ly/2LcIF6m
Bandages Market- Dynamics
The market of medical bandages is expected to grow at a significant pace owing to growing
number of surgical procedures and increase in medical causalities. According to Journal of
Diabetes Research, in 2018, global prevalence of diabetes developing the lifetime risk of person
with foot ulcer is 25%. This is expected to propel demand for advanced wound care products or
bandages which provide relief after treatment of a fresh or moist wound.
The innovations by key players in bandages which are used for covering up the cuts and
scrapes, is another factor that is expected to boost the market growth. For instance, in 2017,
Johnson & Johnson innovated Skin-Flex, a new BAND-AID brand bandage that stay on for 24
hours. One of the properties of this bandage is that it dries instantly and also stays on for 24
hours, even after exposure to water during hand washing.
Furthermore, approvals from regulatory bodies is expected to propel the bandages market
growth. For instance, in February 2019, Axiostat, a wound care product developed in India by
Axio Biosolutions, received U.S. Food and Drug Administration approval. The bandage is
designed to stop uncontrolled bleeding from wounds.
Moreover, increasing incidence of chronic diseases such as diabetic ulcers, pressure ulcers, and
rising geriatric population are factors driving the bandages market. According to the American
Burn Association (ABA), in 2016, 486,000 burn injuries received the medical treatment in the
US. The prevalence of burn cases in addition to the burden of surgeries and trauma cases are
expected to drive growth of the bandages market throughout the forecast period.
Rising awareness of advance wound care products, which serve as an alternative to
bandages, may restrain growth of the global bandages market. Advanced wound care
products are able to effectively reduce the time of wound healing which may hinder
demand in the bandages market.
Report includes chapters which deeply display the following deliverable about industry :
• Bandages Market Research Objective and Assumption
• Bandages Market Purview - Report Description, Executive Summary, and Coherent Opportunity
Map (COM)
• Bandages Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory
Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain
Analysis, Porter’s Analysis, and PEST Analysis
• Global Bandages Market, By Regions
• Bandages Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Bandages Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Bandages Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers
of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Bandages Market Forecast including Production, Consumption, Import and Export Forecast by
Type, Applications and Region.
• Research Findings and Conclusion
Bandages Market- Regional Dynamics
Regional segmentation of the global bandages market includes North America, Latin America,
Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant
position in the global bandages market over the forecast period, owing to a rising number of
orthopedic procedures being carried out in the U.S. In 2018, the global bandages market was
dominated by North America due to increasing incidence of chronic wounds, reimbursement
policies, and increasing geriatric population.
Get Sample Copy At: https://www.coherentmarketinsights.com/insight/request-sample/2689
Moreover, key players in the global bandages market are engaged in business strategies such as
partnerships and product development such as new wound dressing for treatment of chronic and
non-chronic wounds ranging from diabetic foot and pressure ulcers, venous leg ulcers, to
trauma wounds and surgical wounds. For instance, on December 2017, Navamedic ASA
announced that it has entered into an agreement with Chemviron Carbon Ltd. for the launch
and commercialization of Zorflex, a 100% activated carbon wound contact dressing which helps
to accelerate the treatment of chronic and non-chronic wounds.
Asia Pacific is projected to be the fastest growing market over the forecast period due to the
presence of key players and healthcare organizations in the region, as well as the rise in
geriatric and diabetes prone population.
Bandages Market- Competitive Analysis
Key players operating in the global bandages market include 3M, Medtronic, Derma Sciences
Inc., Johnson and Johnson Consumer Inc., Medline Industries Inc., B. Braun Melsungen AG,
Smith & Nephew, Avcor Healthcare Products, Lohmann & Rauscher and Dermarite Industries,
LLC.
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

Bandage is a strip of woven material used to bind up the wound and protect the injured part of the body.

Download Report